At first glance, Berkshire Hathaway's See's Candies and Net Jets businesses might not appear to have that much in common. But according to Warren Buffett, they both follow reasonably similar business models.
The Oracle of Omaha made these comments in 2003 as part of a Q&A session with Oquirrh Institute students.
One student asked Buffett if his decision to invest in NetJets was part of a shift in his investment strategy, away from asset-light businesses, into capital intensive industries that require large amounts of capital spending.
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